What are the responsibilities and job description for the Credit Analyst position at American Bank N A?
American Bank is seeking a highly motivated Credit Analyst. The ideal candidate must be well organized, flexible and self-directed, with excellent judgment. This position will analyze financial statements, prepare recommendations about the customers financials and risk. Analyst ensures compliance with credit policies and procedures while balancing customer satisfaction with risk management. Strong written and verbal communication skills are essential. Additionally, this position provides the opportunity to become a Commercial Lender within 2-3 years after mastering the Credit Analyst position.
Responsibilities:
- Analyze financial statements to detect trends in financial condition including comparing liquidity, profitability, cash flow adequacy, strengths & weaknesses and credit histories of individuals & companies
- Develop analytical reviews on financial statements for medium & large relationships
- Assist Loan Officers (Relationship Managers) in the preparation of loan packages including credit analyses and summaries of loan requests for committee presentation
- Monitor Loan agreements to ensure compliance
- Review & Approve a consumers ability to repay any consumer credit transaction secured by a dwelling.
- Support lending staff by monitoring collateral and performing site inspections on construction and floor plan loans
- Review collateral appraisals to ensure validity & accuracy of collateral values
- Assist in the ordering of appraisals
- File UCCs as requested for loan assistants
- Assist in the monitoring of collateral values on loans with any renewal or subsequent transactions
- Perform/Review collateral evaluations and appraisals
Requirements & Qualifications:
- Proficient document management skills
- Advanced experience with Microsoft Office Suite
- Ability to multitask while maintaining a high degree of attention to detail and accuracy
- Excellent analytical problem-solving capabilities; ability to exercise independent judgment in methods, techniques and evaluation criteria for obtaining results
- Able to exercise a high degree of confidentiality
- Excellent organizational skills
- Thoughtful decision-making, problem resolution and creative thinking skills a must
Experience:
- Bachelors degree or equivalent work experience required; emphasis in Finance, Banking or Accounting preferred.
